| | Wall Street ends down after no Fed policy changes | NEW YORK (Reuters) - Stocks fell on Wednesday on disappointment the Federal Reserve offered no new measures to stimulate the economy and after a computer glitch at a brokerage triggered volatility shortly after the open. | | | | | Fed says economy may need help, keeps policy on hold | WASHINGTON (Reuters) - The Federal Reserve stopped short of offering new monetary stimulus on Wednesday even as it signaled more strongly that further bond buying could be in store to help a economic recovery that it said had lost momentum this year. | | | | | | MetLife profit doubles on derivatives gain | (Reuters) - Profit at MetLife Inc , the largest U.S. life insurer, doubled in the second quarter after a huge gain on derivatives tied to falling interest rates, and operating results beat Wall Street expectations on double-digit growth in the Americas. | | | | | | U.S. auto sales remain soft in July | DETROIT (Reuters) - Major automakers reported U.S. auto sales for July that were somewhat softer than expected as high U.S. unemployment and weak consumer confidence kept would-be buyers on the sidelines. | | | | | | U.S. raises pressure for euro zone crisis action | FRANKFURT/BERLIN (Reuters) - The United States raised pressure on euro zone leaders to take decisive action to solve the region's debt crisis, notably by lowering troubled members' borrowing costs, on the eve of a crucial European Central Bank meeting. | | | | | | Madoff trustee seeks to block $410 million Merkin accord | NEW YORK (Reuters) - The trustee seeking money for victims of Bernard Madoff's fraud is trying to block a $410 million settlement resolving New York's claims against a money manager accused of secretly steering client money to Madoff. | | | | | | BlackRock reorganizes, adds senior leadership | NEW YORK (Reuters) - BlackRock Inc on Wednesday announced that it has expanded its senior leadership team and reorganized its investment and client-facing businesses in an effort to grow its business. | | | | | | Lenovo executive dismisses Nokia bid talk as "joke" | HELSINKI (Reuters) - A senior executive at Chinese personal computer maker Lenovo dismissed market speculation that the company was interested in buying struggling Finnish cellphone maker Nokia as a "joke." | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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